L & S Advisors Inc Lowers Position in GE Vernova Inc. $GEV

Key Points

• L & S Advisors Inc. cut its GE Vernova position by 18.6% in the fourth quarter, selling 2,585 shares and ending with 11,336 shares valued at about $7.41 million.
• Despite the reduction by one investor, several large institutions such as Vanguard, State Street, and Northern Trust increased their holdings, underscoring continued institutional interest in GE Vernova.
• GE Vernova remains supported by strong fundamentals and upbeat analyst sentiment after a blowout earnings report; the company beat expectations sharply, and multiple analysts raised price targets, including Argus to $1,300 and Robert W. Baird to $1,400.

L & S Advisors Inc lessened its stake in GE Vernova Inc. (NYSE:GEV - Free Report) by 18.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,336 shares of the company's stock after selling 2,585 shares during the quarter. L & S Advisors Inc's holdings in GE Vernova were worth $7,409,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of GE Vernova by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 25,023,625 shares of the company's stock worth $16,354,691,000 after buying an additional 208,162 shares in the last quarter. State Street Corp lifted its holdings in shares of GE Vernova by 1.3% in the third quarter. State Street Corp now owns 11,238,278 shares of the company's stock worth $6,910,417,000 after buying an additional 140,500 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of GE Vernova by 1.8% in the third quarter. Northern Trust Corp now owns 2,877,458 shares of the company's stock worth $1,769,349,000 after buying an additional 51,738 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of GE Vernova by 5,171.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,452,858 shares of the company's stock worth $1,603,114,000 after buying an additional 2,406,326 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of GE Vernova by 7.1% in the third quarter. Invesco Ltd. now owns 2,375,738 shares of the company's stock worth $1,460,841,000 after buying an additional 158,481 shares in the last quarter.

Key Stories Impacting GE Vernova

Here are the key news stories impacting GE Vernova this week:

• Positive Sentiment: GE Vernova’s recent “blowout” earnings continue to support bullish sentiment, with investors viewing the results as evidence that the company is benefiting from strong demand, improved execution, and a growing backlog. Article Title
• Positive Sentiment: Argus raised its price target on GE Vernova to $1,300 and kept a Buy rating after the company’s strong quarter, reinforcing the view that the stock can still re-rate higher if growth stays strong. Article Title
• Positive Sentiment: GE Vernova and Blue Energy announced a major U.S. nuclear-and-gas power plant collaboration, highlighting the company’s role in solving rising electricity demand from AI data centers and new industrial loads. Article Title
• Positive Sentiment: Recent coverage also points to strong orders, global project wins, and a faster path toward a $200 billion backlog target, all of which support the bull case for GE Vernova’s power and electrification businesses. Article Title
• Neutral Sentiment: The broader market backdrop was relatively calm, with indexes holding near highs, so GEV’s move appears more tied to company-specific catalysts than to a sector-wide risk-off shift. Article Title
• Negative Sentiment: Some analysts caution that GE Vernova’s premium valuation and potential tariff-related costs could limit upside, suggesting the stock may be vulnerable if growth expectations cool. Article Title

GE Vernova Trading Down 3.8%

GEV stock opened at $1,048.74 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.89 and a debt-to-equity ratio of 0.19. GE Vernova Inc. has a twelve month low of $421.64 and a twelve month high of $1,181.95. The stock has a market capitalization of $281.82 billion, a price-to-earnings ratio of 30.55, a price-to-earnings-growth ratio of 3.93 and a beta of 1.51. The firm's fifty day simple moving average is $957.76 and its two-hundred day simple moving average is $774.61.

GE Vernova (NYSE:GEV - Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $17.44 earnings per share for the quarter, beating analysts' consensus estimates of $1.95 by $15.49. GE Vernova had a net margin of 23.81% and a return on equity of 43.97%. The business had revenue of $9.34 billion for the quarter, compared to analysts' expectations of $9.19 billion. During the same quarter in the previous year, the business posted $0.91 earnings per share. The business's revenue was up 17.0% compared to the same quarter last year. As a group, analysts anticipate that GE Vernova Inc. will post 14.84 earnings per share for the current year.

GE Vernova Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 17th were given a dividend of $0.50 per share. The ex-dividend date was Tuesday, March 17th. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. GE Vernova's payout ratio is 5.83%.

Wall Street Analysts Forecast Growth

GEV has been the topic of several research analyst reports. Argus set a $1,300.00 target price on shares of GE Vernova in a report on Monday, April 27th. Robert W. Baird upped their price target on shares of GE Vernova from $1,008.00 to $1,400.00 and gave the company an "outperform" rating in a research note on Thursday, April 23rd. Susquehanna set a $1,300.00 price target on shares of GE Vernova in a research note on Thursday, April 23rd. Erste Group Bank raised shares of GE Vernova to a "strong-buy" rating in a research note on Tuesday, March 24th. Finally, Weiss Ratings raised shares of GE Vernova from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $1,090.76.

GE Vernova Profile

GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.

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